Latest Louisiana Headlines
All the headlines from our Louisiana Topic Page, ordered by recency.
Insurers Again Looking for Less Regulation in Louisiana
Apr 29 2004 // Four months after a new law gave insurance companies more freedom to raise their rates, insurance lobbyists were back before a House panel asking for even looser regulatory restraints. According to the Associated Press,...
Allstate Case May End Use of Special Judges in La.
Apr 28 2004 // The use of administrative law judges to settle some legal disputes involving state agencies could be threatened by a lawsuit now before the Louisiana Supreme Court. According to Associated Press reports, the suit started...
Pecoraro Pleads Guilty to Fraud Conspiracy
Apr 26 2004 // A man who ran a pub in England while on the lam from Louisiana’s 1990s insurance scandals pleaded guilty to a federal charge and faces up to five years in prison, the Associated Press reported. Nofio Pecoraro Jr.,...
New Orleans Bail Bond Agent Shut Down
Apr 26 2004 // The Louisiana Department of Insurance announced that a New Orleans-area bail bond agent was shut down on charges of operating without a valid license, alleged violations of the law involving personal surety bonds, and...
Judge: Louisiana Owes $1.2M to Failed Insurer
Apr 23 2004 // A judge in Baton Rouge, La. awarded the owner of a failed insurance company more than $1.2 million from the state, years after two former consultants pleaded guilty to illegally handling the company’s assets. The...
LA. WOMAN FACES COMP CHARGES:
Apr 19 2004 // A Vernon Parish, Louisiana woman has been arrested on charges of workers’ compensation fraud. Louisiana Attorney General Charles Foti, Jr. said 27-year-old Georgianna Smith of Anacoco, manipulated the system to...
State Officials to Welcome GEICO at Opening of New La. Claims Office
Apr 12 2004 // State and local Louisiana officials will be on hand to welcome GEICO when it opens its new claims service office on Tuesday, April 13, 10 a.m. Ceremonies take place at the GEICO office site: 3616 S. I-10 Service Road,...
Up for Sale: Success in Today’s Homeowners Market
Apr 5 2004 // States show signs of stability, but problem areas remain Despite continuing availability issues and sky-high loss ratios, the U.S. homeowners market is stabilizing as a whole. Of course, most industry observers who make...
Carter to Chair Louisiana House Ins. Committee
Apr 1 2004 // Louisiana State Rep. Karen Carter, D-New Orleans, has been appointed chair of the House Insurance Committee. Carter’s appointment comes a little over a week after the former chairman, Rep. Troy Hebert, D-Jeanerette,...
Louisiana Woman Arrested in Workers’ Comp Case
Mar 30 2004 // Louisiana Attorney General Charles Foti, Jr. announced the arrest of a Vernon Parish woman who reportedly manipulated her workers’ compensation program to fraudulently obtain nearly $60,000 in compensation benefits,...
Louisiana Agent Arrested on Felony Theft Charges
Mar 26 2004 // The Louisiana Department of Insurance announced that a Mandeville, La., insurance producer (agent) was shut down and booked on charges of felony theft and insurance fraud involving misappropriation of premiums. Allen James...
La. Representative Loses Leadership of Ins. Committee
Mar 25 2004 // A House committee chairman has been removed from his post following his vote against Gov. Kathleen Blanco’s business tax legislation. Rep. Troy Hebert, D-Jeanerette, was booted from his leadership position on the...
Louisiana Agent Arrested for Forgery, Theft
Mar 17 2004 // The Louisiana Department of Insurance reported that a Jennings, La. insurance agent (producer) was booked on charges of forgery and theft in the latest of a series of insurance fraud arrests around the state. Shari Vincent...
Wooley Leaves IIABA for Democratic Party
Mar 10 2004 // Derek Wooley, son of Louisiana Insurance Commissioner Robert Wooley, is leaving his job as governmental affairs representative with the Independent Insurance Agents and Brokers of America to become the new executive...
Tort Reformers Look to Score in States after Washington Strikes Out
Mar 8 2004 // Last fall at a University of Virginia Law School forum on tort reform, some of the nation’s top tort experts agreed there were no easy answers on how to solve the nation’s longstanding love-hate relationship...
New Orleans Bail Bondsman Loses Insurance Licenses
Mar 8 2004 // The Louisiana Department of Insurance announced that a bail bond agent operating in the Greater New Orleans area and beyond signed a departmental “Consent to Voluntary Revocation” document, which revokes all...
A LANDMARK OPPORTUNITY:
Mar 8 2004 // The Independent Insurance Agents and Brokers of Louisiana (IIABL) has launched its nation-wide campaign to attract insurers to Louisiana, kicking it off with the distribution of “Louisiana: A Landmark...
Louisiana Oilfield Workers Now Have Insurance Fund
Mar 4 2004 // The Louisiana Oilfield Contractors Association (LOCA) formed a group self insurance fund for workers’ compensation coverage for participating members, marking the first time this successful risk transfer mechanism...
Louisiana Senator Wants Committee to Study Coastal Erosion Costs
Mar 2 2004 // Louisiana State Sen. James David Cain, R-Dry Creek, the chairman of a state Senate committee on insurance wants to study the costs of coastal erosion on homeowners’ insurance rates. According to the Associated Press,...
Louisiana Big ‘I’ Launches ‘A Landmark Opportunity’
Feb 26 2004 // The Independent Insurance Agents and Brokers of Louisiana (IIABL) announced the launch of a nation-wide campaign to attract insurance companies to Louisiana. The campaign kicked off with the nationwide distribution of...
